Proper Guide How to buy a home in Pune City

 

Points to consider, for outsiders investing in Pune’s realty market

• Understand the purpose of buying the flat – whether it is for self-use, renting out, resale or investment.
• If you are planning to move in, consider whether you will do so shortly or later in the future.
• If you are planning to move out later, check the prevailing rental market to ascertain return on investment.
• If you are buying a property for self-use, check if the social and physical infrastructure in the area meets your requirements.
• Before you make the down payment, check your home loan eligibility with banks.
• Always consult with a property expert, to know more about the locality and for flexibility in buying and selling the property.
  
  

  Micro-markets in Pune that are ideal for newcomers to the city

  Localities like Koregaon Park, Bibvewadi and Central Pune are good options, for people from outside the city to buy properties, as these areas have well-developed infrastructure, many hospitals, schools and entertainment hubs. However, properties in these areas are a little expensive. Alternatively, home seekers can also opt for Hinjewadi and Magarpatta, which are close to IT hubs and other companies and also offer affordable prices. Outskirts of Pune, like Wagholi, Ravet, Undri, Talegaon and Wakad, are also good localities to reside in. Hadapsar is another top

  location for home buyers, from an investment point of view. These regions offer good potential for capital appreciation, as well as rental income.

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